1400 S Penn Sq, Philadelphia, PA 19102-2500
$71,750,000 · Philadelphia Hospitality / Arden Group

Address: 1400 S Penn Sq, Philadelphia, PA 19102-2500
Owner: Philadelphia Hospitality / Arden Group

1400 S Penn Sq, Philadelphia, PA 19102-2500 (Parcel# 883702100) is a property assessed by City of Philadelphia, Office of Property Assessment (OPA). The owner is Philadelphia Hospitality / Arden Group. The assessed value is $71,750,000.

Property Overview

Parcel Number 883702100 (OPA Account Number)
Street Address 1400 S Penn Sq
Philadelphia, PA 19102-2500
Owner PHILADELPHIA HOSPITALITY
ARDEN GROUP
Mailing Address C/O THE RITZ-CARLTON PHILA
TEN AVE OF THE ARTS
PHILADELPHIA PA 19102-2500
Building Category 2 - Multi Family
Building Description FM0 - HOTEL 20+ STY MASONRY
Beginning Point SWC BROAD ST
Zoning CMX5
Market Value $71,750,000
Taxable Land Value $14,350,000
Taxable Building Value $57,400,000
Exempt Land Value $0
Exempt Building Value $0
Total Land Area 27,008 SQFT
Livable / Improvement Area 334,060 SQFT
Census Tract 410
Geographic Ward 08
Recording Date 1999-01-27
Sale Date 1999-01-27
Sale Price $1
State Code 4502
Site Type B
Frontage 199.0
Depth 140.0
Land Shape B - Grossly Irregular, with curves, narrow portions, long access driveways, or shapes with unusable portions
Land Topography F - Street Level: at street or sidewalk level with a slight contour to permit drainage away from the property
View I - Typical / Other
Number Stories 20
General Construction E
Exterior Condition 4 - Average: This is the typical and most common physical condition observed at the exterior of most properties on the subject block. No significant concrete work, pointing, painting, carpentry or work to trim exterior walls, doors, windows or bay is required. No obvious defects. Majority of properties in the block or Geographical Market Area (GMA) are in this condition.
Date: 2017-03-02
Interior Condition 4 - Average: be typical
Year Built 1910
Plot Map Registry ID Number 001S090208
Last OPA Account Number Before Transfer 883702200

Property Assessment History

Year Market Value Increase % Taxable Land Taxable Improvement Exempt Land Exempt Improvement
2012 $23,240,600 0.00% $2,645,000 $4,791,992 $0 $0
2013 $23,240,600 0.00% $2,645,000 $4,791,992 $0 $0
2014 $50,000,000 115.14% $5,401,600 $44,598,400 $0 $0
2015 $54,000,000 8.00% $5,401,600 $48,598,400 $0 $0
2016 $54,000,000 0.00% $5,401,600 $48,598,400 $0 $0
2017 $54,000,000 0.00% $5,401,600 $48,598,400 $0 $0
2018 $70,000,000 29.63% $14,000,000 $56,000,000 $0 $0
2019 $70,000,000 0.00% $14,000,000 $56,000,000 $0 $0
2020 $71,750,000 2.50% $14,350,000 $57,400,000 $0 $0

Owner Overview

Owner PHILADELPHIA HOSPITALITY
ARDEN GROUP
Mailing Address C/O THE RITZ-CARLTON PHILA
TEN AVE OF THE ARTS
PHILADELPHIA PA 19102-2500

Nearby Properties

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$1,435,200 1414 S Penn Sq, Unit 35F, Philadelphia, PA 19102-4814 Crawford Edward P / Crawford Catherine A
$1,435,200 1414 S Penn Sq, Unit 34F, Philadelphia, PA 19102-4814 Patel Subhash Bavanji / Patel Ranak Subhash
$578,400 1414 S Penn Sq, Unit 26G, Philadelphia, PA 19102-4814 Faruqui Shaban
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Zip Code 19102

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Dataset Information

Data Provider City of Philadelphia, Office of Property Assessment (OPA)
Jurisdiction Philadelphia

This dataset includes 580 thousand properties assessed by City of Philadelphia, Office of Property Assessment (OPA). The data contains property, or parcel, ownership together with value information, which ensures fair assessment of Philadelphia taxable and non-taxable property of all types and classifications. Each property is disclosed with parcel id, address, owner, mailing address, assessed value, etc.